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    748-50 N Lawndale Ave Chicago, IL 60624

    Under Contract
    For Sale
    $144,900

    Retail - Chicago, IL

    Type:Retail
    Property size:
    2,100 SF
    Days on Market:
    106
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 748-50 N Lawndale Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active Under Contract
    Zoning
    RTAIL
    APN
    16111050420000
    Size
    2,100 SF

    Building Details

    Year built
    1914
    Number of units
    1
    Architectural style
    Other

    RE/MAX Legends (708) 655-5000 [email protected]

    Listing agent Edgardo Guerrero (630) 216-8000 License #475159071

    Listing date Aug 28, 2025

    MLS# 12160388 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building in Humboldt Park

    Located at 748-50 N Lawndale Ave, this commercial retail/office building is situated in Chicago's dense and rapidly gentrifying Humboldt Park neighborhood. Zoned B3-1, the property is positioned in a location suitable for any type of business. The one-story building features 2,200 square feet of GLA (above grade) and includes one storefront on a rectangular-shaped site. This property presents an opportunity to acquire a stand-alone building in the Humboldt Park district.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Chicago's Wholesale Florist, Honey Street Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.719091
    Latitude
    41.8949114

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    FAQs

    What type of property is this?
    Storefront property - Commercial building in Chicago's Humboldt Park neighborhood, great business location.
    Where is this storefront property located?
    The property is located at 748-50 N Lawndale Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $144,900.
    What are key features of this property?
    This property features: - Stand-alone building in Humboldt Park.; - Located in a rapidly gentrifying neighborhood.; - Zoned B3-1, suitable for various businesses.
    (630) 216-8000
    Request Owner's contact information
    748-50 N Lawndale Ave Chicago, IL 60624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    748-50 N Lawndale Ave Chicago, IL 60624
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